HUGE Crypto Recovery for New Year
CryptosRUs
Introduction
The speaker is discussing the current state of Bitcoin and cryptocurrency, expressing optimism for the new year.
Market Update
- Bitcoin is hovering around $95,000, a positive sign after a few weaker days.
- Altcoins have surged, with some experiencing 20% gains, such as XRP.
- Other American crypto projects like Hardano, Hadera, and Algoran have seen significant increases.
Outlook for 2025
- The speaker believes 2025 will be a fantastic year for cryptocurrency.
- Trump's pro-crypto appointees and the potential bill to make Bitcoin a strategic reserve contribute to this optimism.
- The speaker notes that fundamentally, nothing has changed despite the price dips in the last two weeks of December.
Specific Cryptocurrencies
- Chainlink had a good comeback after being beaten down.
- Solana is almost back to $200 after a significant drop.
- Other cryptocurrencies like Avalanche, Suey, and AI projects have started to recover.
Advice to Investors
- The speaker advises staying strong, focused, and continuing to dollar-cost average (DCA).
- They emphasize that nothing has fundamentally changed and that the current market is an opportunity to pick up favorites at a discount.
Conclusion
- The speaker is hopeful for the remainder of the week and the year, anticipating potential huge moves in the market.
- They encourage listeners to stay on track, not to panic, and to enjoy the New Year's celebrations responsibly.